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848690 (Harmonized System 2007 for 6-digit)

2022
World Trade $33.5BRnk 101 / 5023
2022
Top Exporter | Top Importer $8.86B | $5.38BUnited States | Chinese Taipei
2022
Product Complexity 1.98Rnk 20 / 5030
2021 - 2022
Export Growth (CAGR) 14.5%Rnk 1351 / 5023
2022
Share of World Trade 0.14%Rnk 101 / 5023

About

Overview This page contains the latest trade data of Machines and apparatus of heading 8486: parts and accessories. In 2022, Machines and apparatus of heading 8486: parts and accessories were the world's 101st most traded product, with a total trade of $33.5B. Between 2021 and 2022 the exports of Machines and apparatus of heading 8486: parts and accessories grew by 14.5%, from $29.3B to $33.5B. Trade in Machines and apparatus of heading 8486: parts and accessories represent 0.14% of total world trade.

Machines and apparatus of heading 8486: parts and accessories are a part of Machines and apparatus of a kind used solely or principally for the....

Exports In 2022 the top exporters of Machines and apparatus of heading 8486: parts and accessories  were United States ($8.86B), Japan ($6.37B), Netherlands ($3.18B), South Korea ($2.79B), and Malaysia ($2.38B).

Imports In 2022 the top importers of Machines and apparatus of heading 8486: parts and accessories were Chinese Taipei ($5.38B), China ($5.13B), Singapore ($4.71B), South Korea ($4.31B), and United States ($4.11B).

Ranking Machines and apparatus of heading 8486: parts and accessories ranks 20th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Machines and apparatus of heading 8486: parts and accessories. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)United States$8.86B
Top Destination (2022)Chinese Taipei$5.38B

In 2022 Machines and apparatus of heading 8486: parts and accessories were the world's 101st most traded product (out of 5,023).

In 2022, the top exporters of Machines and apparatus of heading 8486: parts and accessories were United States ($8.86B), Japan ($6.37B), Netherlands ($3.18B), South Korea ($2.79B), and Malaysia ($2.38B).

In 2022, the top importers of Machines and apparatus of heading 8486: parts and accessories were Chinese Taipei ($5.38B), China ($5.13B), Singapore ($4.71B), South Korea ($4.31B), and United States ($4.11B).

Explore Visualizations

Exporters of Machines and apparatus of heading 8486: parts and accessories (2022)
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Importers of Machines and apparatus of heading 8486: parts and accessories (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$1.48B
Top Destination Growth (2021 -  2022)Singapore$1.05B

Between 2021 and 2022, the exports of Machines and apparatus of heading 8486: parts and accessories grew the fastest in United States ($1.48B), Malaysia ($792M), Netherlands ($394M), Germany ($345M), and South Korea ($265M).

Between 2021 and 2022, the fastest growing importers of Machines and apparatus of heading 8486: parts and accessories were Singapore ($1.05B), Chinese Taipei ($1.02B), China ($599M), Malaysia ($397M), and United States ($295M).

Explore Visualizations

Exporters of Machines and apparatus of heading 8486: parts and accessories (2021 - 2022)

Importers of Machines and apparatus of heading 8486: parts and accessories (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Machines and apparatus of heading 8486: parts and accessories.

In 2022, market concentration measured using Shannon Entropy, was 3.34. This means that most of the exports of Machines and apparatus of heading 8486: parts and accessories are explained by 10 countries.

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Value of Exports in Machines and apparatus of heading 8486: parts and accessories

Net Trade

TOP NET EXPORTER (2022)United States$4.76B
TOP NET IMPORTER (2022)Chinese Taipei$3.68B

This map shows which countries export or import more of Machines and apparatus of heading 8486: parts and accessories. Each country is colored based on the difference in exports and imports of Machines and apparatus of heading 8486: parts and accessories during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Machines and apparatus of heading 8486: parts and accessories were United States ($4.76B), Japan ($4.42B), Germany ($1.04B), Malaysia ($1.03B), and Netherlands ($657M).

In 2022, the countries that had a largest trade value in imports than in exports of Machines and apparatus of heading 8486: parts and accessories were Chinese Taipei ($3.68B), China ($2.84B), Singapore ($2.8B), South Korea ($1.52B), and Ireland ($576M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Machines and apparatus of heading 8486: parts and accessories.
It is possible to select the main countries that export or import Machines and apparatus of heading 8486: parts and accessories in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Machines and apparatus of heading 8486: parts and accessories by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

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